Tronic Financial corporation is a financial services holding company headquartered in Ithaca,New York, that offers banking insurance and wealth management service. It pays cash dividends quarterly and also issues stock dividends periodically.

3. Tronic issued 9% stock dividends in 1995, 2003, 2005, 2006, 2010. In 1998, True issued a three-for-two split. If an investor purchased 800 shares in 1994, how many shares would the investor have in 2012?